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DGB opens fund management unit in Singapore

DGB Financial Group said Wednesday it launched its first overseas subsidiary Hi Asset Management Asia, an asset management arm, in Singapore. DGB Financial Group Chairman Kim Tae-oh, Korean Ambassador to Singapore Hong Jin-wook as well as financial firm officials from Morgan Stanley, Goldman Sachs and Keppel Group were in attendance at the opening ceremony held on Tuesday. “We will spare no effort in helping Hi. ....

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2024: Uncertainties ahead, but opportunities abound, according to UBS seminar speakers

SINGAPORE – While the US Federal Reserve is ready to pivot to loosening its monetary stance, interest rate cuts will unfold more slowly than the market anticipates, according to a former Fed governor. Read more at straitstimes.com. ....

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